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Legal Update

Brexit: the tax implications

30 June 2016
Mayer Brown Legal Update
Tax is collected in the UK on the basis of domestic legislation, enacted by the UK Parliament. Therefore, the UK’s corporate tax code will most likely remain highly competitive and attractive for international businesses. The EU has, however, exerted some inf luence on the development of the UK tax code – several features of the UK’s current tax system are derived from EU law, and decisions of the European Court of Justice have resulted in further changes to the UK tax system.

Authors

  • James Hill
    Partner
    T +44 20 3130 3227
  • Sandy Bhogal
    T +44 20 3130 3645

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